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Maven Brands Inc C.MJ

Alternate Symbol(s):  TRLFF

Maven Brands Inc. is a Canada-based licensed processor serving the burgeoning craft cannabis community in Canada with a full suite of production, processing, and packaging solutions. The Company, through its subsidiary, Maven Cannabis, owns and operates an approximately 19,500 square foot cannabis facility at the 40-acre Monashee Gateway Business Park, situated in the Village of Lumby at the north end of the Okanagan Valley in the Interior of British Columbia, Canada. Its services include Cannabis production, toll-processing and packaging, regulatory support and QA services, supply contracts for co-branded, nation-wide distribution, small scale microbial and analytics services, genetic cleaning, propagation, cloning and bio-banking services and land packages for new micro sites at Monashee Gateway Business Park. It is also engaged in services program to provide seed-to-shelf solutions for cannabis micro-cultivators and small-scale producers across Canada.


CSE:MJ - Post by User

Post by BCStockon Apr 03, 2020 9:45pm
319 Views
Post# 30878267

True Leaf projections

True Leaf projections      Present Status and projections:  True Leaf has no money, lots of debt, a piece of land and an empty building never used.  The value of the Canadian cannabis grow op licence is unknown.  The American loan sharks have stepped in and made sure their USA buddies administer the investigation of True Leaf and charge tonnes of management fees.   The True Leaf main financial bean counter dude has fled the scene.  The CEO is jumping up and down exclaiming he could save the company by making face masks for dogs.  Present creditors, should as soon as they can, pry it out of whomever is caretaking True Leaf, a complete list of all the creditors and what is owed.  Shareholders of non-preferred shares sadly are at the bottom of the heap and likely nothing will be left.  You might have to wait until True Leaf is formally declared bankrupt to find out the collateral damage to suppliers and shareholders.  The CEO is retained and given a nice salary during this time, as the investigator hired firm and later the bankruptcy managing firm try to figure out what exactly was going on.  The directors are busy researching if they have any True Leaf liabilities, and pondering when to jump ship.   Interesting business idea, but history repeats itself.  Due your due diligence always and keep your emotions at bay.   Happy investing again some day.

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